Get Legal Help to Stop Foreclosure and Keep Your Home
If you’re behind on mortgage payments or facing the threat of foreclosure, you’re not alone—and you don’t have to go through it without help. At Freedom Law Firm, our experienced foreclosure help lawyers in Las Vegas assist homeowners in exploring all available legal options to stop foreclosure and protect their homes.
Understanding Foreclosure and Your Rights
Foreclosure is a legal process that allows a lender to recover unpaid mortgage debt by seizing and selling your home. In Nevada, foreclosure can move quickly, and many homeowners are unaware of the defenses and alternatives available to them.
You still have rights. Whether you’ve just missed a few payments or already received a foreclosure notice, there may be ways to delay, stop, or resolve the process with the help of an experienced attorney.
Nevada Foreclosure Laws and What You Need to Know
Understanding how Nevada foreclosure laws work is critical when you’re trying to save your home. The state allows both non-judicial and judicial foreclosure, but most lenders in Nevada use the non-judicial process, which can move quickly and catch homeowners off guard.
Here are key legal facts to be aware of:
Notice of Default and Right to Cure
Under NRS 107.080, lenders must file a Notice of Default (NOD) before proceeding with a trustee’s sale. This notice gives you at least 90 days to catch up on missed payments or seek a resolution before your home is sold.
Notice of Sale
After the 90-day period, the lender must issue a Notice of Trustee’s Sale, giving at least 20 days’ notice before the foreclosure auction. During this time, homeowners may still negotiate a resolution or file for bankruptcy protection.
Mediation Rights
Nevada law offers foreclosure mediation through the Nevada Foreclosure Mediation Program, which allows eligible homeowners to work out a loan modification or settlement before foreclosure is finalized. This program is especially relevant if the property is owner-occupied and the loan is in default.
Deficiency Judgments
Depending on the type of loan and foreclosure process used, lenders may be able to pursue a deficiency judgment for the difference between what you owe and what the home sells for. However, Nevada law limits when and how these judgments can be collected, particularly after a short sale or trustee’s sale.
Why Legal Help Matters Under Nevada Foreclosure Law
Navigating Nevada’s foreclosure statutes on your own is difficult, especially when you’re under pressure. A skilled foreclosure attorney can help you:
- Understand your rights under NRS 107 and related statutes
- Respond to notices and deadlines within the required timeframes
- Access mediation programs to negotiate a better outcome
- Protect your home or reduce financial losses
Legal Options to Help You Avoid Foreclosure
When you work with Freedom Law Firm, we’ll carefully evaluate your financial situation and explore the best solutions for you. Common options include:
- Loan Modification: Restructure your mortgage terms to make payments more manageable.
- Repayment Plans: Arrange a payment schedule to catch up on past-due amounts over time.
- Short Sales: Sell your home for less than the remaining balance with your lender’s approval to avoid foreclosure.
- Foreclosure Mediation: Participate in court-supervised discussions with your lender to pursue a resolution.
- Bankruptcy Protection: Filing Chapter 13 may stop foreclosure and allow you to catch up on your mortgage through a repayment plan.
Each option has different eligibility requirements, which is why speaking with a foreclosure defense lawyer is critical.
Why Choose Freedom Law Firm for Foreclosure Help in Las Vegas?
We’ve helped thousands of homeowners across Clark County protect their homes and their rights. When you choose Freedom Law Firm, you’ll receive:
- A free, no-obligation consultation
- Decades of experience in foreclosure and consumer law
- Personalized legal guidance tailored to your situation
- A local team who understands Nevada foreclosure law
- Full transparency and a client-first approach
The Sooner You Act, the More Options You Have
Foreclosure timelines in Nevada can move fast. The earlier you reach out for legal help, the better your chances of protecting your home or negotiating a favorable outcome. Whether you need time to get current, want to apply for a loan modification, or are considering filing for bankruptcy, our team is here to help.
Take control of the situation and find out what options are available to you today.
Related Services
- Home Foreclosure Lawyers in Las Vegas
- Loan Modification Lawyers in Las Vegas
- Chapter 13 Bankruptcy Attorney in Las Vegas